XML 59 R2.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash and cash equivalents $ 11,531 $ 5,959
Accounts receivable 77,154 119,332
Assets held for sale 1,485  
Other current assets 35,239 8,639
Total current assets 125,409 133,930
Oil and natural gas properties, successful efforts method:    
Unproved properties 520,941 482,475
Proved oil and gas properties, net 1,210,876 807,583
Other property and equipment, net 12,349 6,300
Total property and equipment, net 1,744,166 1,296,358
OTHER NONCURRENT ASSETS    
Other assets 9,278 3,481
Operating lease right-of-use assets 42,936  
Assets held for sale 8,724  
TOTAL ASSETS 1,930,513 1,433,769
CURRENT LIABILITIES    
Accounts payable 122,141 116,735
Accrued capital expenditures 51,785 12,979
Accrued liabilities 52,081 56,909
Accrued interest payable 11,137 21,661
Liabilities associated with assets held for sale 4,568  
Operating lease liability 12,889  
Total current liabilities 254,601 208,284
NONCURRENT LIABILITIES    
Debt, net of unamortized discount and debt issuance costs 499,848 497,778
Revolving credit facility 127,500 32,500
Asset retirement obligations 27,169 7,110
Other liabilities 2,296 611
Operating lease liability 30,185  
Liabilities associated with assets held for sale 6,900  
Total liabilities 948,499 746,283
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Preferred stock, 50,000,000 authorized, no shares issued and outstanding
Common stock, $0.01 par value, 1,000,000,000 authorized, 35,756,088 and 20,169,063 shares issued and outstanding, respectively 382 3,043
Additional paid in capital 2,350,072 2,065,119
Treasury stock, shares at cost; 2,488,525 and 1,747,624 shares, respectively (8,819) (3,357)
Accumulated deficit (1,359,621) (1,377,319)
Total stockholders’ equity 982,014 687,486
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,930,513 $ 1,433,769